California § 28047. 28047. (Amended by Stats. 2010, Ch. 516, Sec. 2.)

California Statutes

§ 28047. — 28047. (Amended by Stats. 2010, Ch. 516, Sec. 2.)

California § 28047.

JurisdictionCalifornia

Code CORPCorporations Code - CORP

Div.3.

Title 4.DIVISION 3. CAPITAL ACCESS COMPANIES

Ch. 1.CHAPTER 1. General Provisions

Art. 2.ARTICLE 2. Definitions

This text of California § 28047. (28047. (Amended by Stats. 2010, Ch. 516, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Corporations Code - CORP Code § 28047. (2026).

Text

“Small business firm” means a person that proposes to transact, or transacts, business on a regular and continuous basis in California and, together with its affiliates, has a net worth of not more than eighteen million dollars ($18,000,000) and average net income after federal income taxes, excluding any carryover losses, for the preceding two years no greater than six million dollars ($6,000,000).

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“Small business firm” means a person that proposes to transact, or transacts, business on a regular and continuous basis in California and, together with its affiliates, has a net worth of not more than eighteen million dollars ($18,000,000) and average net income after federal income taxes, excluding any carryover losses, for the preceding two years no greater than six million dollars ($6,000,000).

Legislative History

Amended by Stats. 2010, Ch. 516, Sec. 2. (SB 1155) Effective January 1, 2011.

Nearby Sections

2

§ 28047.

28047. (Amended by Stats. 2010, Ch. 516, Sec. 2.)

§ 28047.1.

28047.1. (Added by Stats. 2010, Ch. 516, Sec. 3.)

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California § 28047., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/28047..